Boxing Promoter Bob Arum to be Investigated for Corruption following Pacquiao Defeat

Newman Ferrara LLP today announced that the firm has launched an investigation into possible corruption and suspicious conduct involving boxing promoter Bob Arum and certain officials of the World Boxing Organization (WBO), order which governed and sanctioned the fight between Manny Pacquiao and Timothy Bradley in Las Vegas, Nevada on June 9, 2012.

Viewers, commentators, boxing experts, and book makers were shocked when Bradley was named victor when the fight ended unmistakably in Pacquiao’s favor. Suspicions were raised further by the pre-fight conduct of Arum, a promoter for both fighters, who had already scheduled a re-match for November – an event which could only be profitable if Bradley was named victor in the first bout. In addition to other scrutiny about his conduct, in 1995, Arum paid a substantial penalty for trying to bribe the International Boxing Federation to sanction a fight.

Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in complex commercial and multi-party litigation with an emphasis on securities, ERISA, consumer fraud, products liability, civil rights and real estate.